How To Use
This document is intended to memorialize this transaction through the unanimous approval by the Board of Directors.
- Make sure that the document is signed by all the directors of the corporation.
- Keep the signed document with all the important corporate papers for your corporation such as in your corporate minute book. Also, keep a copy of this document with the backup copies of your corporate documents in your file kept at your office or home.
- Remember that keeping good corporate records, or formalities, in a timely manner will serve you well in most corporate disputes, especially any regarding governance and the personal liabilities of any Directors or Officers. In this litigious world, this is no small matter.